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New York Life resolves itself to a duo

by Editorial Staff

Tue, Jan 24, 2012

The company reorganized itself into two basic divisions, an Insurance Group run by Chris Blunt and an Investments Group run by John Y. Kim. Kim will succeed Blunt as head of the Retirement Income Security (RIS) business.

January rally led by institutional investors: TrimTabs

by Editorial Staff

Mon, Jan 23, 2012

Much of the year-to-date gain in U.S. stocks has occurred in overnight futures trading, said Trim Tabs executive vice president David Santschi.

RMB seen as third reserve currency, after dollar and euro

RMB seen as third reserve currency, after dollar and euro

by Editorial Staff

Mon, Jan 23, 2012

Holding RMB is important for investors who have global aggregate portfolios or diversified global bond portfolios, said Jim McCaughan, CEO of Principal Global Investors.

What’s in an advisor’s title? Still not much, says Cerulli

by Editorial Staff

Mon, Jan 23, 2012

Many advisor practices “offer some of the basic elements of financial planning, but focus their efforts nearly exclusively on asset accumulation strategies,” Cerulli said in a release.

The Bucket

The Bucket

by Editorial Staff

Mon, Jan 23, 2012

Brief or late-breaking items from Milliman, the Insured Retirement Institute, the Financial Planning Association, the Association for Financial Counseling and Planning Education, Fidelity, Swiss Re, Putnam Investments, DTCC, the American Academy of Actuaries, the Society for Human Resource Management, and Ameriprise Financial.